Segall Bryant & Hamill LLC Has $4.62 Million Stake in Veeco Instruments Inc. $VECO

Segall Bryant & Hamill LLC boosted its stake in shares of Veeco Instruments Inc. (NASDAQ:VECO) by 20.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 227,424 shares of the semiconductor company’s stock after buying an additional 38,625 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Veeco Instruments were worth $4,621,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VECO. The Manufacturers Life Insurance Company increased its stake in shares of Veeco Instruments by 6.6% in the first quarter. The Manufacturers Life Insurance Company now owns 2,930,315 shares of the semiconductor company’s stock valued at $58,841,000 after buying an additional 182,143 shares during the period. Paradigm Capital Management Inc. NY increased its position in Veeco Instruments by 20.0% during the 1st quarter. Paradigm Capital Management Inc. NY now owns 2,380,000 shares of the semiconductor company’s stock valued at $47,790,000 after purchasing an additional 397,200 shares during the period. Geode Capital Management LLC increased its position in Veeco Instruments by 4.7% during the 2nd quarter. Geode Capital Management LLC now owns 1,433,171 shares of the semiconductor company’s stock valued at $29,125,000 after purchasing an additional 64,729 shares during the period. Raymond James Financial Inc. raised its holdings in Veeco Instruments by 55.8% during the 1st quarter. Raymond James Financial Inc. now owns 835,539 shares of the semiconductor company’s stock worth $16,778,000 after purchasing an additional 299,235 shares during the last quarter. Finally, SG Capital Management LLC acquired a new position in shares of Veeco Instruments in the 2nd quarter worth approximately $16,421,000. Institutional investors own 98.46% of the company’s stock.

Veeco Instruments Stock Performance

Shares of VECO opened at $28.06 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 5.10 and a quick ratio of 3.43. The stock has a 50-day moving average of $29.27 and a 200-day moving average of $24.42. The company has a market cap of $1.69 billion, a PE ratio of 27.51 and a beta of 1.31. Veeco Instruments Inc. has a one year low of $16.92 and a one year high of $34.45.

Veeco Instruments (NASDAQ:VECO) last posted its quarterly earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.08. The business had revenue of $165.88 million for the quarter, compared to the consensus estimate of $160.49 million. Veeco Instruments had a return on equity of 7.38% and a net margin of 8.65%.The firm’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.46 EPS. Veeco Instruments has set its Q4 2025 guidance at 0.160-0.320 EPS. On average, equities research analysts predict that Veeco Instruments Inc. will post 0.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other Veeco Instruments news, SVP Adrian Devasahayam sold 4,046 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $26.00, for a total transaction of $105,196.00. Following the transaction, the senior vice president owned 86,134 shares in the company, valued at approximately $2,239,484. This represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO William John Miller sold 25,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $32.00, for a total transaction of $800,000.00. Following the completion of the transaction, the chief executive officer directly owned 514,543 shares in the company, valued at $16,465,376. This trade represents a 4.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 61,911 shares of company stock worth $1,781,550. 2.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

VECO has been the subject of several recent analyst reports. Citigroup increased their price objective on shares of Veeco Instruments from $29.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Needham & Company LLC lowered Veeco Instruments from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Veeco Instruments in a research note on Wednesday, October 8th. Benchmark decreased their target price on Veeco Instruments from $31.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, August 7th. Finally, Northland Securities lowered Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 price target on the stock. in a research note on Tuesday, October 7th. Three equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Veeco Instruments presently has a consensus rating of “Hold” and an average target price of $28.57.

Veeco Instruments Profile

Veeco Instruments Inc, together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems.